Acerinox (OTCMKTS:ANIOY) Reaches New 52-Week High – Still a Buy?

Acerinox (OTCMKTS:ANIOY) shares reached a new 52-week high on Tuesday . The stock traded as high as $8.10 and last traded at $8.10, with a volume of 1537 shares. The stock had previously closed at $7.80.

Analyst Upgrades and Downgrades

Separately, Citigroup reissued a “buy” rating on shares of Acerinox in a research report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Acerinox has a consensus rating of “Moderate Buy”.

Acerinox Stock Performance

The company has a debt-to-equity ratio of 0.63, a current ratio of 1.91 and a quick ratio of 0.95. The company’s fifty day moving average price is $7.15 and its 200 day moving average price is $6.66. The company has a market cap of $4.04 billion, a PE ratio of 54.00 and a beta of 1.04.

Acerinox Company Profile

Acerinox is a Madrid-based global producer of stainless steel products with an integrated value chain that spans melting, hot rolling, cold rolling, annealing and finishing processes. Founded in 1970, the company operates multiple stainless steel mills and recycling facilities in Europe, North America and Asia, enabling a fully vertically integrated manufacturing model. This structure supports consistent product quality, cost efficiency and a commitment to sustainable production practices.

The company’s core product portfolio comprises flat and long stainless steel formats, including coils, sheets, plates and bars.